Chart Patterns
Gold Intraday Trading Plan 3/5/2025Gold is in the cross road right now. Although it broke 2900 yesterday, it is still not breaking last daily high at 2920.
If 2920 is broken in 4hrly TF, I will switch my medium view to bullish.
However, If a bearish candle is printed in 4hrly TF, I will engage selling orders. A broken below 2900 is a confirmation of bearish continuation.
Anyway, I am more towards bearish side.
GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed!### **📉 GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed! 🚀**
GBP/JPY is forming a **bearish inverse cup & handle pattern**, with **EMA50 confirming the downtrend**, making it a strong sell opportunity.
🔹 **Sell Entry:** **189.100**
🔹 **Stop Loss:** **189.700** (60 pips above entry)
### **📊 Take Profit Targets:**
✅ **TP1:** **188.700** (40 pips profit)
✅ **TP2:** **188.300** (80 pips profit)
✅ **TP3:** **187.900** (120 pips profit)
### **📌 Trade Management:**
✔ **Stick to SL & TP levels** to manage risk.
✔ **Secure profits** as price moves towards TP3.
✔ **Use proper position sizing** for risk management.
🔥 **Execute wisely & trade safely! 🚀📉**
XRP Weekly-Monthly Analysis / Best Spot Major Prices to BuyBecause I noticed to much sentiment these days, I felt the need to mention, that Ignoring the investment rules such as F.O.M.O. (Fear of Missing Out), putting to much emotion on your trades, to discuss with the people, ignoring Top to Down Analysis, do not help you reach your goals.
TRADE WHAT YOU SEE, DO NOT TRADE WHAT YOU THINK!
Do not ignoring time frames:
Weekly and monthly time frames help us find the range of price action, where the price will support or resist, as also to spot the oversold and overbought areas. As well as removing market vibrations.
Monthly time frame help us to spot the trend in the following weeks.
Weekly time frame help us to spot the trend of the following days in the week.
Technically for investors who want to buy the XRP and hold it until the future for sell it at a satisfactory price, they have to make sure that the price is it's at its lowest.
On the Daily – Weekly time frame easily we observe the Head and Shoulders pattern which is telling us that the price will reverse and testing the lower prices before an uptrend.
On the weekly time frame we can see that the market signals us for a reversal. We can see the Hanging Man candlestick (09 Dec 2024) and the Bearish Engulfing candlestick (27 Jan 2025).
Major prices using Fibonacci Retracement:
0.00% (3.4000)
23.60% (2.6879)
38.20% (2.2474)
50.00% (1.8914)
61.80% (1.5353)
78.60% (1.0284)
100.00% (0.3827)
Spotting major prices helping us which price to buy. Good spots for buy:
61.80% (1.5353) – Golden Zone / Golden Pocket
78.60% (1.0284) – Entry Zone
Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’ and safer zone to buy at ‘’ 0.9500 ‘’…
For sure we will meet a lot of consolidation at 50.00% (1.8914) before the prices will drop.
The only remaining is the fundamentals that we can apply them in the chart.
Thanks to all of you!
XRPUSD| CORRECTION, THEN DECLINE The price may reach 2.5085 as a corrective movement before resuming its decline, aiming to break through the consolidation zone by surpassing the bearish target at 2.7814, ultimately reaching the second target at 1.9603.
Bearish target: 2.7814. 1.9603. 1.5726
A sustained trade above the consolidation zone could lead to an upward movement, with the first target set at 2.7558, particularly if a 4-hour candle closes above this level.
Bullish target: 2.5085. 2.7558. 3.0451.
Head and shouldersWe will see between 0.17 and 0.11 what happens. We need a higher high to confirm anuthing of bullish nature.
The Relative Strength Index (RSI) on the daily chart reads 33 after rejecting around its neutral level of 50 and approaching its oversold level of 30, indicating a strong bearish momentum. The Moving Average Convergence Divergence (MACD) indicator also showed a bearish crossover, hinting at a further downtrend.
If DOGE continues its correction and closes below the $0.18 weekly support level, it could extend the decline to test its November 3 low of $0.14.
Dogecoin (DOGE) extends its decline, trading around $0.19 on Tuesday after falling nearly 17% the previous day. The recent correction in DOGE has triggered a wave of over $20 million in liquidations in the last 24 hours and more than $100 million last week. The technical outlook and long-to-short ratio suggest a further pullback targeting the $0.14 mark.
shortEthereum is expected to face a greater decline than Bitcoin. With the markets closing below the $2,100 mark, it's likely that ETH could drop further, potentially reaching around $250 in the coming months.
There is also a possibility of panic selling, which could accelerate these downward price movements. In light of this, attempting to buy or average down on this pair would be highly risky and could lead to significant losses.
Arthur Hayes says bitcoin’s potential. (BTCUSD)The BTCUSD has been slashed below $82,000. Unbelievably, it hit above $100,000. However, after that, it crashed on the aggressively bearish side. Now, it may come back to $100,000. According to Arthur Hayes, former CEO of BitMEX, Trump's economic strategy could have a significant impact on Bitcoin and the broader cryptocurrency market. The Bitcoin market is heavily dependent on news for long-term trades, and short-term trades can be conducted through analysis."
From my perspective.
BTCUSD bullish.
Entry 80,000.00
Target 95,000.00
stop loss 70,000.00
it's my knowldge. What you think about (BITCOIN) write in comment below, Thanks
Imminent Crash on EURGBP???EURGBP Bearish Technical Analysis
February 27, 2025
Severe Bearish Movement Analysis
Technical Breakdown
Sharp bearish movement
Significant support levels broken
lack of buying pressure
Bearish engulfing pattern on daily chart
Key Technical Factors
Multiple support levels violated
Moving averages crossed downward
Major trend line support broken
Momentum indicators, deeply oversold
Trade Implications
Potential for further downside
Relief rallies likely to be short-lived
Previous support now resistance
Risk management crucial
Key Levels to Watch
Immediate Support: Prior historical lows
Resistance: Recently broken support levels
Psychological round numbers
GBP/USD 4H Analysis – Bullish Momentum & Key Demand Zones📊 GBP/USD 4H Analysis – Smart Money Concepts (SMC) Perspective
Current Market Structure:
📈 Bullish Momentum: The price is currently trending upwards after breaking a short-term high (SH) and liquidity zone.
🔄 Change of Character (CH): Confirmed as the price broke previous resistance, signaling a possible trend continuation.
Key Zones & Levels:
🟣 H4 Block Order (Demand Zone): Marked in purple, this area aligns with a strong order block, indicating potential buying interest if the price retraces.
🟥 Daily Fair Value Gap (FVG): Above the demand zone, acting as a potential area for price rebalancing before resuming the uptrend.
🔴 200 EMA at 1.25179: Serving as dynamic support, aligning with the demand zone for potential buy setups.
Potential Scenarios:
📉 Retracement to Demand Zone (1.2500 - 1.2550)
Buyers may step in at the H4 Block Order & Fair Value Gap.
Price could form a higher low before continuation.
📈 Bullish Expansion to New Highs (1.2750 - 1.2800)
If demand holds, expect a strong push-up towards liquidity areas.
Breakout could trigger momentum buying.
Bias:
✅ Bullish (Higher Highs & Higher Lows Forming)
⚠️ Caution: If price breaks below 1.2500, sentiment may shift bearish.
$LINK Chainlink 55% Retracement ... Ready for Higher?CRYPTOCAP:LINK Chainlink Link has committed a 55% retracement after superbuy signal, from a height of approximately $30
Current Price: $14.7
Price action is forming a Falling Channel and Bullish Divergence Spotted also
Expecting a retest of previous supports - now resistances at 19.9, 25.9. 30.4
Invalidation is at under 13.5
GBPUSD .. further rise expected, if holds.#GBPUSD.. it was a perfect move as per our analysis and now again market just make a immediate supporting region and staying above 1.2580
That's menas market have another push to upside so stay sharp and don't hold your short positions above that region.
Good luck
Trade wisley
AUD/USD Technical AnalysisCurrent Market Trend: Bearish 📉
AUD/USD has been in a strong downtrend, experiencing significant selling pressure. After a continuous decline, the pair has now found support around the 0.61900 level, where buyers have stepped in, leading to a short-term rebound.
Possible Scenarios:
📈 Bullish Scenario:
If AUD/USD manages to break and hold above the 0.62200 resistance level, we may see further upside movement toward 0.62300 and potentially 0.62800.
A successful breakout above 0.62800 could signal a trend reversal, leading to further bullish momentum.
📉 Bearish Scenario:
If the pair fails to break above 0.62200, selling pressure may increase, pushing the price lower.
A move below 0.61900 could indicate weakness, with the next downside targets at 0.61700 and 0.60900.
A break below 0.60900 would confirm a deeper bearish trend, opening the door for further downside moves.
Trading Strategy:
Bullish entry: After a confirmed breakout above 0.62200, targeting 0.62800 with a stop-loss below 0.61900.
Bearish entry: If the price rejects 0.62200, looking for short positions with targets at 0.61700 and 0.60900.
USD/CAD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are going long on the USD/CAD with the target of 1.437 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
3.4 Gold price continues to maintain low bullish momentum3.4 Gold price continues to maintain low bullish momentum
1. Current market analysis
Trend: On Tuesday, gold price showed a clear upward trend, especially in the European session, breaking through the high point strongly, showing a strong bullish momentum.
Support and resistance: 2894-2896 area is the key support level, 2920 and 2942 are the upper resistance levels.
Gold fell back to around 2920, but the overall trend is still bullish.
2. Operation strategy
Long order strategy: Long around 2896-98, stop loss set at 2988, target 2921, 2942.
3. US market aftermarket
US market trend: It is expected that the US market may have a second pull-up, this judgment is based on the strong performance of the European session.
If the gold price can stand firm in the support area of 2894-2896, the probability of further rise in the US market is still relatively large.
Target: If the gold price can break through 2920, the next target can be seen at 2942. If the market sentiment continues to improve, it could even move higher.
USOIL BUY OR SELL READ CAPTIONHi trader what do you think about US/OIL
Current price 69.90
US/OIL Breakout Support zone and complete retest upside and again dropped resistance zone I think US/OIL retest upside and touching resistance zone then mind be possible US/OIL dropped down side
Resistance zone 70.80-71.60
Support area: 68.30
Demand zone 67.20
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Bearish Signal Alert for Ripple (XRP)Ripple (XRP) has just triggered a major bearish signal by breaking below the crucial support level of $2.3575. This recent move is a significant indicator for potential further declines in the price of XRP. Investors and traders should closely monitor this development, as the break below $2.3575 could lead to an acceleration in bearish momentum.
Looking ahead, the next major support area to watch is around $1.7. If Ripple's price continues to descend, we can expect it to potentially target this next critical support level. Traders might consider this as a strategic point for assessing market responses, with the possibility of further downside if this level fails to hold.
It is advisable to approach trading with caution during this period and consider adjusting stop-loss orders to manage risks effectively. This bearish development could present opportunities for short sellers, but also warrants vigilance for any signs of a reversal or support at lower levels.
USD/CAD holds up OK despite tariffsOK, so it's finally happened. On March 4, 2025, President Trump imposed a 25% tariff on imports from Canada and Mexico, with Canadian energy products facing a separate 10% tariff. Tariffs on Chinese imports were also doubled from 10% to 20%.
In response, Canada imposed immediate 25% tariffs on CA$30 billion worth of U.S. goods, with plans to extend them to another CA$125 billion in the coming weeks. While USD/CAD maintained a steady upward movement, it is difficult to characterize the move as a broad-based selloff. Maybe this is more of a trade scuffle than a trade war right now?
China announced additional tariffs of 10% to 15% on U.S. agricultural products, effective March 10. Mexico is set to announce its own retaliatory tariffs on March 9.
Now, the focus shifts to Trump’s next move. He has already suggested he will reciprocate the reciprocation. Where does this end? Full blown trade war? Meanwhile, reports suggest he is considering easing sanctions on Russia.
spx yükseliş ihtimali yüksek satmayın !!!Many people interpreted this as a sell signal due to the sudden drop, but this is not a sell signal, it is an increase in voltitre. You can also see it on VIX and it is within expectations, the risk will be incredibly high, but what I will do is to add gradually (in large amounts).
It is not investment advice.